• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

India’s SpiceJet settles with Boeing MAX aircraft lessor CDB Aviation

September 13, 2021 by David Barret Leave a Comment

September 13, 2021

BENGALURU (Reuters) – Budget airline SpiceJet said on Monday it has settled with another lessor of Boeing Co’s MAX aircraft, CDB Aviation, as it looks to start operating the aircraft by the end of September after India cleared the 737 MAX to fly last month.

The 737 MAX was grounded worldwide in March 2019 after two fatal crashes in five months killed 346 people, plunging Boeing into a financial crisis, which has since been compounded by the pandemic.

In August, India’s air safety regulator, the Directorate General of Civil Aviation, said it cleared 737 MAX aircraft to fly with immediate effect, after nearly two-and-a-half years of regulatory grounding.

SpiceJet said in August it expected the grounded 737 MAX jets in its fleet to return to service at the end of September after a settlement with lessor Avolon on leases of the aircraft.

The lifting of the ban in India came months after the aircraft returned to service in the United States and Europe. More recently grounding orders were lifted in other countries, including Australia, Fiji, Japan and Malaysia.

The resumption of MAX aircraft services would be subject to regulatory approvals https://ift.tt/3z5F4w9, SpiceJet, India’s second-largest airline by market share and the only one in the country to fly the aircraft, said.

China is the biggest market in the region that has yet to approve the return of the 737 MAX, though Boeing last month conducted test flights in the country.

SpiceJet’s shares were up 0.3% on Monday, while rival Indigo’s owner InterGlobe Aviation was down nearly 2%.

(Reporting by Chandini Monnappa in Bengaluru; Editing by Shounak Dasgupta)

Source Link India’s SpiceJet settles with Boeing MAX aircraft lessor CDB Aviation

David Barret
David Barret

Related posts:

  1. Chevron braces for activist challenge; meets Engine No.1 representatives- WSJ
  2. Acquired by Mercedes-Benz, YASA’s revolutionary electric motor is set for big things
  3. European stocks mark worst fall in 2 weeks on U.S. job jitters
  4. Tennis – U.S. Open order of play on Saturday

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

  • The Legend Of Ol’ Rip The Horned Toad Who Reportedly Survived 31 Years Of Hibernation And Met President Coolidge
  • Newly Discovered “Reset Button” Lets Mathematicians Undo Any Rotation
  • Bear-Sized Snow Sloths? Meet Megalonyx, The Ice Age Giants That Lived Until 13,000 Years Ago
  • Why Can’t Mormons Drink Coffee?
  • In 1997, A Zoo Chimp Amazed Scientists By Gathering Rocks To Throw At Visitors
  • YouTuber Films Laser Light At 2 Billion Frames Per Second In His Garage
  • The Time To Watch Comet Lemmon Is Now
  • Ig Nobel-Winning “Butt-Breathing” Technique Moves One Step Closer To Saving Lives
  • What Is The Oldest Religion In The World?
  • This Mini Dragon Is One Of The World’s Rarest Amphibians With Just 150 Individuals Living In One Lake
  • “Alien Mothership” Hypothesis About To Have Key Test As Interstellar Object 3I/ATLAS Hits Solar Conjunction And Perihelion
  • 18 Of These Rare Mammals Live In The Wild. Have We Reached A Turning Point In Their Return To The US?
  • How Comet 2P/Encke Caused “Halloween Fireballs” To Rain Down On The Earth
  • US Flight Potentially Hit By Space Debris – What Are The Chances That The Claim Is Correct?
  • Hormone Therapy For Trans Women Shifts Dozens Of Proteins To Align With Their Gender Identity
  • People Are Not Reacting Well After Learning How Cranberries Are Grown
  • The World’s Newest Great Ape Is Also Its Rarest, With Fewer Than 800 Left In The Wild
  • IFLScience We Have Questions: Can Burying Scientists Alive In The Snow Help Us Protect Polar Bears?
  • Scientists Perplexed By 407-Million-Year-Old Fossilized Plant That Doesn’t Follow The Fibonacci Sequence
  • This Giant Goldfish Hybrid Weighs As Much As A 10-Year-Old – A Stark Warning About Dumping Pets
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version